The average student should budget $1250 a year for books and supplies.
- College Board
66% of students have chosen not to purchase a textbook because it was too expensive.
- Chronicle of Higher Education
Over the past decade, textbook prices have risen at over three times the rate of inflation.
Just 5 textbook publishers control more than 80% of the 8.8 billion dollar market.
Open Educational Resources are educational materials offered freely and openly for anyone to use. They are usually licensed to allow sharing, remixing, or customization. The resources can include textbooks, full courses, course materials, modules, streaming videos, tests, software, and any other resources used to support access to knowledge.
The use of Open Educational Resources (OER) can benefit students and instructors. Research has shown that:
At the University of South Carolina, the use of OER and other freely-available materials has saved students $785,964 since 2015.